Apple removes VPN apps from the App Store in China

 The Chinese government’s crackdown on the internet continues with the news that Apple has removed all major VPN apps, which help internet users overcome the country’s censorship system, from the App Store in China. The move was first noted by ExpressVPN, a provider based outside of China, which said in a blog post “all major VPN apps” including its own had been purged… Read More

Your smartphone is the key for the Tesla Model 3

 The Tesla Model 3 is unique in a lot of ways, but one of the more interesting is its use of your smartphone as the only key – there’s not fob, even, let alone an ignition for a traditional key. The vehicle uses the Tesla app on your smartphone to communicate your identity, unlock the vehicle, and know when it’s ready to start and turn off. The Model 3 uses Bluetooth LE to talk… Read More

Xiaomi secures $1B loan to expand its international presence and offline retail footprint

 Chinese smartphone maker Xiaomi has secured a $1 billion loan in order to develop its international focus and build out its offline sales presence. The company revealed today that it has secured a three-year syndicated loan agreement from 18 banks across Europe, Middle East, India, China, Hong Kong and Taiwan. Deutsche Bank and Morgan Stanley served as joint global coordinator, with Bank… Read More

SpaceX’s very first Falcon Heavy launch set for this November

 Falcon Heavy, the high-capacity rocket created by SpaceX designed for bringing very large loads to orbit and beyond, will get its first launch this coming November, according to SpaceX founder and CEO Elon Musk. Musk shared the news on Instagram on Thursday, posting an image of a concept depiction of the rocket’s launch alongside the target date. The Falcon Heavy uses the combined power… Read More

Meg Whitman says she’s not going to Uber

 Hewlett Packard Enterprise CEO Meg Whitman wants everyone to know that’s not going to Uber. Bloomberg and Recode had reported that she was on the short list for the CEO spot, but she took to Twitter to make it clear that it’s not happening. In a three-part tweet, she concluded that the “rumors” have “become a distraction,” so she wants everyone to know… Read More

Redfin real estate site prices IPO at $15, valuing company at $1.2 billion

 Redfin, the real estate site based in Seattle, has finally raised its IPO. Founded in 2004, this was 13 years in the making. Despite an ugly patent lawsuit from a former co-founder over one of Redfin’s pending patent applications — one filed just this Monday — the company priced above the $12 to $14 range, at $15 per share, a number that values the company at $1.2 billion.… Read More

Mattress startup Purple merges with NY shell company in $1.1 billion deal

 Purple, a Utah-based mattress startup announced today it will merge with Global Partner Acquisition Corp (GPAC) in a deal that would value the company at $1.1 billion.
Purple was already well on its way to that valuation when we got to take a sneak peek at operations at the company’s headquarters in the small town of Alpine, Utah and its giant factory an hour away in rural… Read More

AltspaceVR social app is shutting down

 Social VR app AltspaceVR is shutting down its main service after running out of cash, saying it “can’t afford to keep the virtual lights on anymore.” The app was one of the first VR social experiences to gain traction and was available across a variety of platforms. In a blog post titled “A Very Sad Goodbye,” the company detailed that the social VR community will… Read More

Facebook’s Instant Articles restore subscription options they previously stripped

 Facebook has announced that news sites which rely on paid subscriptions, limiting readers to a certain number of articles per week, will now be able to do so through Instant Articles. The company has spent the last two years promoting these Facebook-hosted versions of articles, which unfortunately lacked this rather critical ability. Google’s AMP and Apple News have supported it for a while. Read More